Top Items:
Eric Dash / New York Times:
Saving Citi May Create More Fear — One bailout was not enough for Citigroup. And it may not be enough for other big banks. — While Citigroup's second multibillion-dollar rescue from Washington hit Wall Street like a shot of adrenaline on Monday, many analysts worried that the jolt would soon wear off.
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Deborah Solomon / Wall Street Journal:
New Facility Targets Consumer Lending — Treasury Secretary Henry Paulson, seeking to ease strains in the consumer credit market, plans to announce Tuesday the formation of a program to increase the availability of auto loans, student loans and credit cards, according to people familiar with the matter.
Bloomberg:
Treasury, Fed Said to Unveil Plan to Bolster Consumer Financing — Nov. 25 (Bloomberg) — The U.S. Treasury and Federal Reserve will unveil as soon as today a lending program to shore up the consumer-finance market, using money from the government's $700 billion rescue, two people familiar with the effort said.
Washington Post:
Rubin, Paulson, Geithner a Familiar Trio at Heart of Citigroup Bailout — Rubin, Paulson, Geithner's Shared History Paved Way for $300 Billion Federal Guarantee — The bailout of Citigroup, which put the government at risk of hundreds of billions of dollars of losses …
Bloomberg:
Paulson May Ask for Remaining $350 Billion of TARP — Nov. 24 (Bloomberg) — Treasury Secretary Henry Paulson, less than a week after indicating he would let the Obama administration decide how to use the second half of the $700 billion financial fund, is considering asking for the money.
Andrew Ross Sorkin / New York Times:
Where Was Geithner in Turmoil? — President-elect Barack Obama …
Where Was Geithner in Turmoil? — President-elect Barack Obama …
Alexander Bolton / The Hill:
For Collins, forgiveness may be tough — The tactics used by Democrats to secure at least 58 Senate seats may have damaged their chances of winning vital support from Sen. Susan Collins (R-Maine) in key votes in the 111th Congress. — Collins told colleagues at a small Senate prayer breakfast meeting …
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Bob Von Sternberg / Minneapolis Star Tribune:
Run-up in ballot challenges cloud Coleman-Franken recount — With 3,000-plus votes disputed, it's hard to know who is really gaining. — The number of ballot challenges in the U.S. Senate recount surged again on Monday, passing 3,000 overall and clouding the question of who's picking up ground in the hotly contested race.
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Roger Simon / The Politico:
GOP senator: We haven't learned — The Republican U.S. senator sits glumly across the restaurant table. — “I don't think we have learned much from the election in terms of what people want to see,” he says. “We have the same gridlock.” — By the “same gridlock,” he means that party hard-liners …
Discussion:
The Moderate Voice, Firedoglake, Washington Post, DownWithTyranny!, PoliPundit.com, Say Anything, Macsmind and www.redstate.com
Eugene Volokh / The Volokh Conspiracy:
More on Hillary Clinton and the Emoluments Clause: — From Prof. Michael Stokes Paulsen, author of Is Lloyd Bentsen Unconstitutional?, 46 Stanford L. Rev. 907 (1994) (some paragraph breaks added, some glitches fixed with Prof. Paulsen's advance permission):
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Eugene Volokh / The Volokh Conspiracy:
Hillary Clinton and the Emoluments Clause: There's been talk …
Hillary Clinton and the Emoluments Clause: There's been talk …
Discussion:
Outside The Beltway, Balkinization, The New Republic, Political Machine and Below The Beltway
Josh Kraushaar / The Politico:
Politico poll: Chambliss up by three — Republican Sen. Saxby Chambliss holds a narrow lead over Democrat Jim Martin in the Dec. 2 Georgia Senate runoff, according to a new Politico/InsiderAdvantage poll. — The poll shows Chambliss leading Martin by three points, 50 to 47 percent, with three percent of respondents undecided.
Mark Steyn / The Corner:
Moonstruck — On Friday I had the honor of addressing the Federalist Society in Washington on the matter of my free-speech travails up north. And, in response to a question on whether the Canadian “Human Rights” Commission were surprised that I'd pushed back against them …
Associated Press:
Bush pardons 14 individuals — Outgoing president also commutes the prison sentence of two others — WASHINGTON - The Associated Press has learned that President George W. Bush has granted pardons to 14 individuals and commuted the prison sentences of two others.
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David Kirkpatrick / New York Times:
For Lobbyists, No Downturn, Just a Turnover — WASHINGTON — Richard Hunt, a top Republican lobbyist for the securities industry, was among the first to go, just a week after the election. Marc Racicot, the president of the American Insurance Association and former Republican Party chairman, resigned a few days later.
Chris Cillizza / The Fix:
RNC Chair Race: The Lay of the Land — The fight to be the next face of the Republican party — or at least the next chairman of the Republican National Committee — has been defined so far by a cavalcade of announced and potential candidates and a dearth of individuals with the star power to emerge as the frontrunner.
Discussion:
Townhall.com
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David Kocieniewski / New York Times:
The Congressman, the Donor and the Tax Break — Representative Charles B. Rangel has helped raise $11 million for a City College of New York school of public service to be named in his honor. In recent months, as questions have emerged about his fund-raising, he has insisted that he has kept …
Seema Mehta / Los Angeles Times:
Claremont parents clash over kindergarten Thanksgiving costumes — Some say having students dress up as pilgrims and Native Americans is ‘demeaning.’ Their opponents say they are elitists injecting politics into a simple children's celebration. — For decades, Claremont kindergartners …
Discussion:
Don Surber